Can Twitter co-founder take an 'evolutionary leap' into storytelling?

Collaborative publishing website Medium, which aims to reinvent the blog, secures first external investmentMedium, Twitter co-founder Ev Williams's online publishing venture, has no shortage of ambition – to reinvent the blog as a digital storytelling format and match the impact of the microblogging service, no less.Williams, who launched Medium in August 2012 with Twitter co-founder Biz Stone, has said their aim is "re-imagining publishing in an attempt to make an evolutionary leap" by building a new platform from scratch that would put an emphasis on ideas, stories and collaboration. To achieve this, however, the company will have to get over several hurdles, not least addressing the confusion over Medium's perceived strategy and business model, summed up by Reuters media commentator Jack Shafer, who describes it – while not lacking potential – as up to now being "a mystery wrapped up in a hashtag concealed by a catchy URL".This uncertainty has clearly not put off investors: Medium, which employs 50 full-time staff, announced last week that it had secured its first external investment, a $25m funding round led by Greylock Partners, with participation from Google Ventures and individual investors. Initial funding for the platform came from Williams's investment vehicle The Obvious Corporation.Perhaps this enthusiasm shouldn't be a surprise. As well as co-founding Twitter, Williams launched blog publishing service Blogger in 1999 and Medium is, ostensibly, similar – with... Continue reading at 'The Guardian'

[ The Guardian | 2014-02-02 00:00:00 UTC ]
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Former BET CEO Debra Lee details affair with co-founder: 'I would've lost everything'

In her memoir 'I Am Debra Lee,' BET's former CEO gets candid about her tenure at the cable network and shares advice for women in corporate America. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-03-07 19:04:58 UTC ]
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ABC accuses News Corp and Daily Mail of amplifying misogynist Twitter abuse of Lisa Millar

Trolling of News Breakfast host over her outfit reported by the media outlets with screenshots and abusive tweetsLATEST: ABC host Lisa Millar admits anger but also hope after news sites republish ‘foul’ online abuseGet our morning and afternoon news emails, free app or daily news podcastThe ABC... Continue reading at The Guardian

[ The Guardian | 2023-03-07 03:08:44 UTC ]
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Ozy Media shuts down in wake of founder Carlos Watson's arrest on fraud charges

It's the second time in about 16 months that the Mountain View digital media company said it would shut down. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-03-02 23:25:40 UTC ]
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Ozy founder Carlos Watson repeatedly lied to and deceived investors and lenders, according to his indictment

Here are some of the crimes allegedly perpetrated by Ozy CEO Carlos Watson and other executives at the digital media company. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-02-25 01:13:18 UTC ]
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Storytel Touts Q4 Results in a ‘Truly Remarkable Year’

Audiobook subscription company Storytel cites a 22-percent increase year over year, at 3.2 billion Swedish kronor. The post Storytel Touts Q4 Results in a ‘Truly Remarkable Year’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-17 13:56:54 UTC ]
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“Phenomenal” woman Meena Harris makes the leap from t-shirt branding to book publishing

Phenomenal Media, a company launched by Kamala Harris’ niece that celebrates underrepresented women, is debuting a new partnership with Hachette Books. In 2016, Meena Harris started designing statement t-shirts that quite literally made a statement. Her most famous one read “Phenomenal Woman,”... Continue reading at Fast Company

[ Fast Company | 2023-01-24 08:00:00 UTC ]
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Twitter is reportedly struggling to break even as advertisers continue to flee

Twitter’s ad business is reeling, with its daily revenue reportedly falling by 40 percent from a year ago. According to The Information, over 500 of the company’s top advertisers have paused spending on the platform since Elon Musk’s October takeover. Despite that, Twitter is still attracting... Continue reading at Engadget

[ Engadget | 2023-01-18 18:54:25 UTC ]
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The Morning After: Disgraced FTX founder Sam Bankman-Fried started a newsletter

Sure, it may not sound like the spiciest headline, but Sam Bankman-Fried is in a weird place to be starting a Substack. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX – who pleaded... Continue reading at Engadget

[ Engadget | 2023-01-13 12:15:24 UTC ]
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Living in an Unfolding Apocalyptic Reality with Emmanuel Vaughan-Lee, Emergence Magazine Founder

Emergence Magazine is an online publication with annual print edition exploring the threads connecting ecology, culture, and spirituality. As we experience the desecration of our lands and waters, the extinguishing of species, and a loss of sacred connection to the Earth, we look to emerging... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-09 09:50:53 UTC ]
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Saluting Tattered Cover Founder Joyce Meskis

Former Tattered Cover owner Joyce Meskis is being remembered not only as a pioneer in bookselling circles but also a staunch supporter of the First Amendment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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Saluting Tattered Cover Founder Joyce Meskis

Former Tattered Cover owner Joyce Meskis was remembered not only as pioneer in bookselling circles but also as a staunch supporter of the First Amendment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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After Further Revue, Twitter to Shut Down Newsletter Publishing Platform Jan. 18

Twitter is shutting down Revue, the newsletter publishing platform it acquired in January 2021. Revue founder Martijn de Kuijper said in a post on the company's website that the platform will shut down Jan. 18 and all data will be deleted, adding, "This has been a hard decision because we know... Continue reading at AdWeek

[ AdWeek | 2022-12-14 23:00:00 UTC ]
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The Morning After: Apple has ‘fully resumed’ advertising on Twitter, according to Elon Musk

According to Elon Musk, Apple has “fully resumed” advertising on Twitter. The billionaire made the comment during a Twitter Spaces conversation he broadcast from his private plane on Saturday evening. On November 28th, Musk claimed Apple had “mostly stopped advertising on Twitter” and threatened... Continue reading at Engadget

[ Engadget | 2022-12-05 12:15:07 UTC ]
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Engadget Podcast: Kindle Scribe review and the rise of Twitter clones

Finally, a Kindle you can write on! This week, we dive into Cherlynn’s review of the Kindle Scribe, Amazon’s first e-reader that can also capture handwritten notes. The hardware is great, but as usual, Amazon’s software feels half-baked. Also, Devindra and Cherlynn discuss the rise of new... Continue reading at Engadget

[ Engadget | 2022-12-02 13:30:56 UTC ]
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John Storey, Founder of Storey Publishing, Dies

John Storey, one of the most respected indie publishers of his era, has died at 79. Storey founded Storey Publishing, now an imprint of Workman, with wife Martha in 1983. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-29 05:00:00 UTC ]
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Elon Musk never cared if Twitter was a business failure – he wants a political win | Richard Seymour

The social platform’s new billionaire owner wants to rebalance information ecologies in favour of the rightWhy bother reinstating Donald Trump’s Twitter account? Twitter owner Elon Musk, having said that no such decisions would be made until a content moderation council was established, made the... Continue reading at The Guardian

[ The Guardian | 2022-11-22 14:09:26 UTC ]
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What happens to Substack if Elon Musk ruins Twitter?

While some of the most popular writers on the publishing platform were able to convert their sizable Twitter following into newsletter subscriptions, a huge Twitter presence isn’t necessarily a prerequisite for Substack success. In just a few weeks, Elon Musk has created a number of questions... Continue reading at Fast Company

[ Fast Company | 2022-11-18 05:00:00 UTC ]
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Z-Library founders arrested after the pirated e-book site is shut down

Two Russian nationals behind the site were charged with criminal copyright infringement, wire fraud, and money laundering. On November 3, the massive pirated e-book database Z-Library disappeared from the internet, with its domains leading to a cryptic message that the website had been seized... Continue reading at Fast Company

[ Fast Company | 2022-11-17 13:20:00 UTC ]
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Drusilla Park Jones, founder of a former antique children’s book shop in Baltimore, dies

Drusilla Jones, who owned an antique children’s book shop in Baltimore, died of end stage Alzheimer’s disease and diabetic complications Oct. 20 at Charter Senior Living. The Lutherville resident was 82. Continue reading at Baltimore Sun

[ Baltimore Sun | 2022-11-04 09:00:00 UTC ]
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The Guardian view on Elon Musk’s Twitter takeover: the unfulfilled promises pile up | Editorial

The world’s richest man promises more than he has delivered. His social network purchase is likely to go the same wayElon Musk is a fan of the science fiction writer Isaac Asimov. When his spacecraft company SpaceX successfully sent its Falcon Heavy rocket payload into orbit around the sun in... Continue reading at The Guardian

[ The Guardian | 2022-11-01 18:50:19 UTC ]
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